10-Q quarterly report · filed Jul 21, 2026

KKR Real Estate Finance Trust Inc. (KREF) Q2 2026 10-Q Quarterly Report

Short answer

KKR Real Estate Finance Trust Inc. (KREF) filed its Q2 2026 10-Q quarterly report on Jul 21, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $4M (up 9.9% year over year) with net income of −$116M.

Q2 2026 key financials · XBRL

Revenue
$4M
+9.9% YoY · −11.1% QoQ
Net income
−$116M
−291.4% YoY · −107.3% QoQ
EPS (diluted)
−$1.93
−264.2% YoY · −101.0% QoQ

Source: XBRL data from the KKR Real Estate Finance Trust Inc. (KREF) Q2 2026 10-Q on SEC EDGAR. USD.

KKR Real Estate Finance Trust Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue not disclosed; net loss attributable to common stockholders $121.8M vs $61.9M loss in Q1 2026
  • Net loss per share $1.95 vs $0.96; Distributable loss $36.4M vs $4.1M
  • Worst-performing loans: $42.3M realized write-offs and $119.8M provision for loan losses
  • Portfolio contracted $618.3M, including $806.6M repayments, $42.3M write-offs and $125.6M transfer to REO
  • Book value per share $10.24 vs $13.04 at December 31, 2025; macro headwinds included elevated rates, office vacancies and defaults

Risk Factors

  • No material changes to risk factors previously disclosed in the Form 10-K
  • Repurchase-program risk: $75.0 million authorization may be suspended, modified or discontinued anytime
  • Market-condition risk: repurchase timing, pricing and volume depend on economic and market conditions
  • Capital-allocation risk: authorization covers common stock and 6.50% Series A preferred stock

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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